The chances of a giant space rock striking the Earth have decreased, but NASA and other space agencies are still devising a plan to obliterate it.

Asteroid 2024 YR4, a recently discovered planetoid, now has a 1.5% probability of making impact with Earth, according to NASA.

Even though the new probability is down from the previously reported 2.6%, and above the initial 1% chance in late January, international agencies are plotting a way to destroy the terrestrial chunk, if need be.

(Celal Gunes/Anadolu Agency via Getty Images)

The likelihood of a strike will fluctuate as astronomers learn more about the asteroid’s path around the sun, and the probability may eventually drop to zero.

NASA and the European Space Agency’s Webb Space Telescope will observe this near-Earth asteroid in March before the object disappears from view. It will come back into view in 2028.

While the asteroid is only classified as a Level 3 out of 10 on an asteroid hazard scale, it remains capable of “localized destruction.”

This image made available by University of Hawaii’s asteroid impact alert system on Dec. 27, 2024, highlights where asteroid 2024 YR4 would be. (ATLAS/University of Hawaii/NASA via AP)

The alert level is the second highest recorded since 2004 when the asteroid Apophis reached Level 4, according to previous reporting. 

Researchers later found that Apophis would safely pass Earth in 2029.

Fox News Digital’s Michael Dorgan, Fox Weather and the Associated Press contributed to this report.